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Eleven-Eleven, Inc. creates guided meditation programs for individuals. On November 30, 20Y9, the balances of selected accounts of Eleven-Eleven, Inc. are as follows: Accounts Payable

Eleven-Eleven, Inc. creates guided meditation programs for individuals. On November 30, 20Y9, the balances of selected accounts of Eleven-Eleven, Inc. are as follows:

Accounts Payable $67,800 Prepaid Insurance $14,400
Accounts Receivable 64,500 Prepaid Rent 10,800
Accum. DepreciationEquipment 60,000 Retained Earnings 427,500
Cash ? Salaries Payable 13,200
Common Stock 75,000 Supplies 24,000
Equipment 495,000 Unearned Fees 9,000

Prepare a classified balance sheet that includes the correct balance for Cash.

Assets
Current assets:
Accounts payableCashCommon stockEquipmentRetained earningsCash $Cash
Accounts payableAccounts receivableCommon stockEquipmentLess accumulated depreciationAccounts receivable

Accounts receivable

Accounts payableLess accumulated depreciationSalaries payableSuppliesUnearned feesSupplies

Supplies

Accounts payableCommon stockEquipmentPrepaid insuranceSalaries payablePrepaid insurance

Prepaid insurance

Less accumulated depreciationPrepaid rentRetained earningsSalaries payableUnearned feesPrepaid rent

Prepaid rent

Total current assets $fill in the blank 11
Property, plant, and equipment:
CashEquipmentPrepaid insurancePrepaid rentRetained earningsEquipment $Equipment
Accounts payableLess accumulated depreciationPrepaid insurancePrepaid rentSalaries payableLess accumulated depreciation

Less accumulated depreciation

Less accumulated depreciation

Total assets $fill in the blank 17
Liabilities
Current liabilities:
Accounts payableAccounts receivableCashCommon stockEquipmentAccounts payable $Accounts payable
Accumulated depreciationCashRetained earningsSalaries payableSuppliesSalaries payable

Salaries payable

Prepaid insurancePrepaid rentRetained earningsSuppliesUnearned feesUnearned fees

Unearned fees

Total current liabilities $fill in the blank 24
Stockholders' Equity
Accounts payableAccounts receivableCashCommon stockUnearned feesCommon stock $Common stock
Prepaid rentRetained earningsSalaries payableSuppliesUnearned feesRetained earnings

Retained earnings

Total stockholders' equity

fill in the blank 29

Total liabilities and stockholders' equity $fill in the blank 30

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